Business Analyst Life Insurance & Annuity

Business Analyst Life Insurance & Annuity
Summary
This Business Analyst will be responsible for supporting; implementing, and deploying eBusiness order entry initiatives in the Life & Annuity Insurance space. The client base includes over 65 major insurance carriers, in addition to distributors (broker dealers, captive agents and banks). Initiatives range from small-scale production-related projects to large-scale, complex transformations.
Responsibilities

• Gather the requirements.
• Assist with developing supporting documentation.
• Analyze business requirements to identify the required product build features.
• Model and maintain carrier products according to IRI/ACORD Standards for (Product Profile for Annuities (PPfA)/Product Profile for Life (PPfL), Distributor Profile for Annuities (DPfA)/Distributor Profile for Life (DPfL) on VTXml or via manual XML modeling.
• Model products, features, distribution agreements, commissions, funds, and ownerships, as well as more complex configurations.
• Test modules to ensure the products function correctly on the Order Entry platforms.
• Facilitate deployments to Testing and Production environments.
• Analyze and resolve product production problems.
• Provide support to carriers, distributors, and colleagues on modelling issues.

Requirements

• 5+ years of relevant technical or business work experience.
• Experience with Adobe Acrobat PDF forms including tagging/editing.
• Familiarity with annuity order entry (e.g., iPipeline Affirm, AnnuityNet) or life insurance eApps (e.g., LifeSpeed, iPipeline Affirm) platforms.
• Knowledge of ACORD Standards, XML Forms Management, VTXml, XML Product Modeling PPfA, PPfL, DPfA, DPfL, XMLSpy, XPath Reference, and MACRO.
• Strong business analyst competencies: requirements gathering and documentation, needs analysis, test plan development, and testing.
• Excellent verbal and written communication skills with the ability to interact professionally with diverse groups of individual (clients, colleagues, subject matter experts).
• Self-starter, willing to explore all possibilities to move a project forward; relentless, always keeping an eye on the client s delivery date.
• Superior analytical and problem-solving skills; consultative manner.
• An ability to interpret a customer s business needs by understanding their why .
• Ability to translate business needs into application and operational requirements.

Preferred

• The ideal candidate comes from an operations background within a life insurance or annuity carrier, or from operations within a wealth management firm, or from an annuity/life insurance platform provider; giving them familiarity with life and annuity insurance products, insurance application package, business rules, and information technology services systems and capabilities.
• Familiarity with DTCC, e-Sign applications or AMP.
• Bachelor s degree in Computer Science, Business Administration, Mathematics, or other related field; or equivalent work experience.

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